Macerich Company (MAC) — Cash Flow-to-Debt Ratio
Macerich Company (MAC) has a Cash Flow-to-Debt Ratio of 0.03x as of June 2026, meaning its operating cash flow of $144.25 Million could theoretically repay 0% of its total liabilities ($5.62 Billion) in one year. See MAC financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Macerich Company Cash Flow-to-Debt Ratio (1994–2025)
Historical debt coverage capacity for Macerich Company across 32 annual periods. For the full cash flow conversion analysis, see Macerich Company (MAC) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Macerich Company (1994–2025)
Year-by-year debt coverage analysis for Macerich Company. Check earnings quality score of Macerich Company to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.06x | $321.60 Million | $5.84 Billion | ▲ +11.2% |
| 2024 | 0.05x | $283.44 Million | $5.72 Billion | ▼ -16.5% |
| 2023 | 0.06x | $295.50 Million | $4.99 Billion | ▼ -9.7% |
| 2022 | 0.07x | $337.51 Million | $5.14 Billion | ▲ +18.4% |
| 2021 | 0.06x | $286.37 Million | $5.17 Billion | ▲ +199.0% |
| 2020 | 0.02x | $124.84 Million | $6.74 Billion | ▼ -68.6% |
| 2019 | 0.06x | $355.16 Million | $6.02 Billion | ▼ 0.0% |
| 2018 | 0.06x | $344.31 Million | $5.84 Billion | ▼ -14.0% |
| 2017 | 0.07x | $386.39 Million | $5.64 Billion | ▼ -9.2% |
| 2016 | 0.08x | $417.51 Million | $5.53 Billion | ▼ -13.6% |
| 2015 | 0.09x | $540.38 Million | $6.19 Billion | ▲ +54.4% |
| 2014 | 0.06x | $400.71 Million | $7.08 Billion | ▼ -28.2% |
| 2013 | 0.08x | $422.04 Million | $5.36 Billion | ▲ +32.2% |
| 2012 | 0.06x | $351.30 Million | $5.89 Billion | ▲ +19.9% |
| 2011 | 0.05x | $237.28 Million | $4.77 Billion | ▲ +10.2% |
| 2010 | 0.05x | $200.44 Million | $4.45 Billion | ▲ +90.3% |
| 2009 | 0.02x | $120.89 Million | $5.10 Billion | ▼ -39.4% |
| 2008 | 0.04x | $251.95 Million | $6.45 Billion | ▼ -22.5% |
| 2007 | 0.05x | $326.07 Million | $6.47 Billion | ▲ +34.0% |
| 2006 | 0.04x | $211.85 Million | $5.63 Billion | ▼ -3.0% |
| 2005 | 0.04x | $235.30 Million | $6.07 Billion | ▼ -30.1% |
| 2004 | 0.06x | $194.38 Million | $3.50 Billion | ▼ -24.0% |
| 2003 | 0.07x | $215.75 Million | $2.95 Billion | ▲ +7.2% |
| 2002 | 0.07x | $163.18 Million | $2.40 Billion | ▼ -11.2% |
| 2001 | 0.08x | $140.51 Million | $1.83 Billion | ▲ +17.4% |
| 2000 | 0.07x | $121.22 Million | $1.85 Billion | ▼ -12.2% |
| 1999 | 0.07x | $139.58 Million | $1.87 Billion | ▲ +38.1% |
| 1998 | 0.05x | $85.18 Million | $1.58 Billion | ▼ -18.3% |
| 1997 | 0.07x | $78.48 Million | $1.19 Billion | ▼ -31.2% |
| 1996 | 0.10x | $80.43 Million | $837.76 Million | ▲ +8.9% |
| 1995 | 0.09x | $44.90 Million | $509.40 Million | ▼ -5.0% |
| 1994 | 0.09x | $30.30 Million | $326.60 Million | — |